闽东电力(000993) - 2024 Q3 - 季度财报

Financial Performance - The company's operating revenue for the third quarter was ¥174,155,622, a decrease of 29.43% compared to the same period last year, and a total of ¥450,172,159 for the year-to-date, down 67.74% year-on-year[2]. - Net profit attributable to shareholders for the third quarter was ¥60,896,301.50, down 20.65% year-on-year, and ¥114,435,810.58 for the year-to-date, a decrease of 64.39%[2]. - Operating income decreased by 93.54% year-on-year, primarily due to the transfer of previously unpayable receivables to non-operating income in the previous year[9]. - Net profit for Q3 2024 was CNY 113,758,615.08, a decrease from CNY 319,773,393.44 in the previous year[18]. - Basic earnings per share for Q3 2024 were CNY 0.25, down from CNY 0.70 in the same period last year[19]. Cash Flow - The net cash flow from operating activities for the year-to-date was ¥138,608,382.44, showing a significant increase of 13,405.25% compared to the same period last year[2]. - The net cash flow from operating activities increased by 13,405.25% to approximately ¥138.61 million, primarily due to a reduction in tax payments compared to the previous year[10]. - Total cash inflow from operating activities was CNY 452,749,946.39, compared to CNY 424,545,150.35 in the previous year[20]. - Cash outflow from operating activities decreased to CNY 314,141,563.95 from CNY 423,518,820.88 year-on-year[20]. - Net cash flow from investing activities decreased by 3,010.75% to approximately -¥253.68 million, mainly due to increased net expenditures on bank wealth management products[11]. - Net cash flow from financing activities increased by 179.57% to approximately ¥123.24 million, attributed to an increase in cash received from borrowings compared to the previous year[11]. - Cash inflow from financing activities increased significantly to CNY 517,979,929.00 from CNY 23,314,714.56 year-on-year[21]. - Net cash flow from financing activities was CNY 123,238,168.65, a turnaround from negative CNY 154,878,236.58 in the previous year[21]. - The ending balance of cash and cash equivalents was CNY 313,413,400.56, up from CNY 205,022,002.76 year-on-year[21]. Assets and Liabilities - The company's total assets at the end of the reporting period were ¥3,624,141,758.81, an increase of 7.18% from the end of the previous year[2]. - Total assets increased to CNY 3,624,141,758.81 from CNY 3,381,496,175.01 year-over-year[16]. - Total liabilities rose to CNY 1,092,691,884.07, compared to CNY 876,792,542.78 in the previous year[16]. - The company's equity attributable to shareholders increased by 1.11% to ¥2,484,400,872.63 compared to the end of the previous year[2]. - The equity attributable to shareholders of the parent company increased to CNY 2,484,400,872.63 from CNY 2,457,062,868.87 year-over-year[16]. Operating Costs and Expenses - The company recognized a decrease in operating costs by 75.84% year-to-date, reflecting the completion of residential building sales in the Dongsheng Plaza project[8]. - The company experienced a 63.13% reduction in taxes and surcharges year-to-date, mainly due to decreased VAT and land value-added tax payments[8]. - The company reported a 71.07% decrease in selling expenses year-to-date, attributed to reduced marketing agency fees[8]. - Total operating costs for Q3 2024 were CNY 334,864,550.12, down from CNY 1,022,767,778.67 year-over-year[17]. - Non-operating expenses increased by 596.61% year-on-year, mainly due to increased donation expenditures[9]. - Income tax expenses decreased by 71.98% compared to the previous year, primarily due to a reduction in tax liabilities for the subsidiary Dongsheng Real Estate[9]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 51,992, with the top ten shareholders holding a combined 53.89% of shares[12]. - The largest shareholder, Ningde State-owned Assets Investment and Operation Co., Ltd., holds 47.31% of the shares[12]. Future Outlook - The company plans to focus on expanding its market presence and enhancing its product offerings in the upcoming quarters[17]. - Research and development expenses for Q3 2024 were CNY 91,823,974.98, compared to CNY 84,517,736.26 in the previous year, indicating an increase in investment in innovation[17]. Audit Status - The report for Q3 2024 was not audited[22].